Despite the usual denials in the last few weeks from Valentino Rossi regarding his entering a Moto3 team in the World championship team in 2014, his project, according the Gazzetta dello Sport has been officially formalized.
Rossi and his VR46 Racing Team or Team VR46, is one of the 17 applicants that submitted their requests last Friday at the San Marino Grand Prix, that have been provisionally accepted.
Rossi‘s new team will however have to lodge a security deposit, by October, in order to guarantee their entry with details regarding their proposed riders.
VR46 Racing team is a new step forward for the former World champion after creating the VR46 Riders’ Academy at his Motor Ranch in Tavullia in order to prepare young racing talents.
For the debut season, the new two rider squad is expected to field two competitive KTM Moto3 machines, and with all probability Romano Fenati will be at the helm of one of the bikes while Rossi‘s step brother Luca Marini could be riding the second, if he doesn’t decide to continue to ride in the CEV to gain more experience, with a couple of programmed wildcard appearances in Moto3.
Rossi will also be collaborating with the Italian Motorcycle Federation to also find new budding Italian racing talents.